The Most Affordable Neighborhoods in Northeast Colorado Springs, Colorado Springs, CO by Home Value

 

Northeast Colorado Springs, Colorado Springs, CO Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Northeast Colorado Springs area can be challenging. Home prices in Northeast Colorado Springs are now at a median cost of $407,469, lower than the Colorado Springs average of $489,864.

The average cost of rent is $1,576/mo in Northeast Colorado Springs, primarily driven by the current value of real estate in the Northeast Colorado Springs area. In Northeast Colorado Springs, 44.50% of households rent, and 41.66% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Northeast Colorado Springs is $6,744 per month. Households that rent pay about 23.37% of their income on rent here. Northeast Colorado Springs’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southwestern parts of the neighborhood.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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